Data quality news
Online banking customers warned of fraud threat
- Jul 25 2008, 17:03 PM
Online banking users are being urged to act with caution as figures show that the number of hoax emails aimed at retrieving users' data rose significantly in the first half of 2008.
The number of such emails, referred to as 'phishing' emails, more than doubled in the six months up to June 2008 when compared to the same period in 2007, it has been found.
Figures from the UK payments association Apacs show that 20,682 phishing emails were sent in the first half of 2008, compared with just 7,224 a year beforehand.
Sandra Quinn at Apacs said: "We strongly urge banking customers to make sure they remain wary of online scams such as unsolicited emails claiming to be from their bank, and to only use a fully protected PC with regularly updated anti-virus software and a firewall installed and switched on."
Businesses are not immune to the work of fraudsters, and attempts to retrieve information unlawfully from companies are often discovered.
Information such as client and consumer addresses, contact details and dates of birth are highly sensitive, and businesses must be confident in their ability to protect such information at all times.
See how QAS can help with your data requirements
Related articles...
-
FSCS welcomes new FSA faster payout rules
- Nov 27 2009, 09:42 AM The Financial Services Compensation Scheme (FSCS) has welcomed new faster payout guidance published by the Financial Services Authority (FSA).
-
Companies 'want improvement in bank data management services'
- Sep 10 2009, 08:08 AM A new survey has revealed that it can take more than a week for corporate clients to open a new bank account.
-
Data quality best practice urged in procurement and finance sector
- Jul 23 2009, 17:39 PM A recent survey has revealed the importance of a data strategy to improve data quality within the finance and procurement sector.
-
Financial institutions urged to improve best practice in customer data management
- Jul 6 2009, 13:08 PM Banks are being urged to make the most of their customer data so they are able to employ best practice marketing techniques that target their customers' needs.
-
Data quality central to best practice in insurance sector
- Jun 19 2009, 10:17 AM Data quality is vital to enable the insurance sector to maintain best practice, argues a financial expert.
For more news, you can also click on the category of your choice in the right hand menu.
support